The Seedsummit Intellectual Property Assignment Agreement effects the full and irrevocable transfer by a founder of all intellectual property rights in creations developed in the course of their duties at the company. It details the rights (including software, inventions, trademarks, copyrights, designs, etc.) assigned to the company as part of the exclusive, irrevocable, worldwide and perpetual transfer, which is made without additional consideration in light of the founder’s role.